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2014 House Bill 5575: Detroit bankruptcy settlement and grant package - funding details

Public Act 187 of 2014

  1. Introduced by Rep. Fred Durhal, Jr. (D) on May 8, 2014, to create a "Michigan settlement administration authority” to manage the $194.8 million state grant (“bailout”) proposed by House Bill 5574 that would go toward a Detroit bankruptcy settlement. This is part of a legislative package consisting of House Bills 5566 to 5575 that are related to the Detroit bankruptcy and state grant.
    • Referred to the House Detroit's Recovery and Michigan's Future Committee on May 8, 2014.
      • Reported in the House on May 21, 2014, with the recommendation that the substitute (H-3) be adopted and that the bill then pass.
    • Substitute offered in the House on May 22, 2014. The substitute passed by voice vote in the House on May 22, 2014.
    • Amendment offered by Rep. Thomas Stallworth, III (D) on May 22, 2014, to revise details in a way that gives the administration more discretion in allocating the Detroit grant fund source. The amendment passed by voice vote in the House on May 22, 2014.
  2. Passed 75 to 35 in the House on May 22, 2014.
    Who Voted "Yes" and Who Voted "No"

  3. Received in the Senate on May 27, 2014.
    • Referred to the Senate Government Operations Committee on May 27, 2014.
      • Reported in the Senate on June 3, 2014, with the recommendation that the bill pass.
  4. Passed 21 to 17 in the Senate on June 3, 2014, to create a "Michigan settlement administration authority” to manage the $194.8 million state grant (“bailout”) proposed by House Bill 5574 that would go toward a Detroit bankruptcy settlement. This is part of a legislative package consisting of House Bills 5566 to 5575 that are related to the Detroit bankruptcy and state grant.
    Who Voted "Yes" and Who Voted "No"

  5. Signed by Gov. Rick Snyder on June 19, 2014.

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